GDP in USD PPP terms reached 30.6 USD bil in 2018 in Papua New Guinea, according to the National Statistical Office. This is 12 % less than in the previous year.
Historically, GDP in USD PPP terms in Papua New Guinea reached an all time high of 34.7 USD bil in 2017 and an all time low of 3.17 USD bil in 1980. When compared to Papua New Guinea's main peers, GDP in USD PPP terms in Australia amounted to 1,319 USD bil, 3,496 USD bil in Indonesia, 199 USD bil in New Zealand and 956 USD bil in Philippines in 2018.
Papua New Guinea has been ranked 132nd within the group of 174 countries we follow in terms of GDP in USD PPP terms, 6 places above the position seen 10 years ago.
GDP based on purchasing power parity is the gross domestic product converted to international dollars using purchasing power parity rates.